Citigroup CEO Jane Fraser: ‘The next China is China’ - News Summed Up

Citigroup CEO Jane Fraser: ‘The next China is China’


First up was Citigroup CEO Jane Fraser, who offered her views on a variety of topics. But I’m not sitting here stressed about this, because the consumers entering whatever this slowdown is are in good health. There’s a handful of banks that were mismanaged, but largely, banks are in very strong health. So the typical amplifiers of a recession just aren’t in place.”On China, which she visited last week:“I think the next China is…China. Alan Murray@alansmurrayalan.murray@fortune.comTOP NEWSMusk vs ZuckerbergTech billionaires Elon Musk and Mark Zuckerberg have agreed to battle out their differences in a cage fight.


Source: Forbes June 22, 2023 16:31 UTC



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